How broke are you?

[DaFace]

Originally Posted by Bearcat

Hmm, never thought of the whole rent/buy debate that way, from a future value of money/property perspective... probably because coming at it from that direction and wanting to save for years on end and pay cash for a house is so ridiculous, that it never enters into my thought process.

Again, there's a huge caveat that I got really lucky and bought in the bottom of the housing bubble's burst. And another bubble bursting could cut that down dramatically.

But yeah. I have friends who are paying $500 more per month in rent on a 1000 sf apartment than I'm paying for my mortgage on my 2500 sf house.